Rhea-AI Summary
USCF has launched the USCF Gold Strategy Plus Income Fund (GLDX), in partnership with SummerHaven Investment Management. This actively managed ETF aims to provide long-term investment performance aligned with gold prices while generating income through selling gold call options and collateral interest. GLDX is designed to enhance gold exposure with an income objective, offering investors a viable inflation-hedging strategy.
With a history of successful commodity ETPs, USCF currently manages approximately $4.5 billion in assets from Walnut Creek, California.
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FAQ
What is the current stock price of US Commodity Index (USCI)?
US Commodity Index (USCI) last closed at $103.48.